CLEARBRIDGE ENERGY MIDSTREAM (EMO)

US18469P2092

45.21  +0.21 (+0.47%)

Technical Rating and Analysis

7

Overall EMO gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month EMO has a been trading in the 44.00 - 50.73 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, EMO did better than 83% of all other stocks. On top of that, EMO also shows a nice and consistent pattern of rising prices.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
EMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMO is lagging the market slightly.
Weekly and Daily overview Charts
EMO Weekly chart
EMO Daily chart
Setup Rating and Analysis

6

Although EMO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

38.26

51.01

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 44.18 to 44.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @42.78 from a trend line in the weekly time frame.
  • Support @41.37 from a horizontal line in the daily time frame.
  • Support @38.65 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 45.74 to 46.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 50.50 to 50.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.32
Mansfield0.01
10 Day High48.67
10 Day Low44
20 Day High50.73
20 Day Low44
52 Week High50.73
52 Week Low33.71
Performance
1 Week-1.67%
2 Weeks-5.42%
1 Month-9.2%
3 Month8%
6 Month9.68%
12 Month29.47%
2 Year58.08%
3 Year107.01%
5 Year7.51%
10 Year-61.7%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.51
RSI(14)40.88
LBB43.56
UBB49.7
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
46.2144.172.04 (4.41%)22.65%
An entry @46.21. This is a Buy Stop order right above the resistance zone.An exit @44.17. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.04 points, which is 4.41%.When investing 22.65% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EMO Daily chart

CLEARBRIDGE ENERGY MIDSTREAM

NYSE:EMO (12/23/2024, 8:04:00 PM)

45.21

+0.21 (+0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.47%
1 Week-1.67%
2 Weeks-5.42%
1 Month-9.2%
3 Month8%
6 Month9.68%
12 Month29.47%
2 Year58.08%
3 Year107.01%
5 Year7.51%
10 Year-61.7%
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%2.72%
ATR Inc-33.99%
Range Today0.83
ADR(20)1.21
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.32
Mansfield0.01
10 Day High48.67
10 Day Low44
20 Day High50.73
20 Day Low44
52 Week High50.73
52 Week Low33.71
CS1 End44.38
CR1 Start45.74
Volume & EV
DER(3)4.63%
DER(5)0.79%
Volume51.40K
Volume Incr-16.32%
Vol(5)41.96K
Vol(50)46.09K